Aydin Corporation presentation at New York Society of Security Analysts.NEW YORK--(BUSINESS WIRE)--The following is a summary of a presentation Thursday at the New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of Society of Security Analysts by Ayhan Hakimoglu, chairman and chief executive officer, Aydin Corporation. Attending from Aydin are Mr. Ayhan Hakimoglu, chairman and chief executive officer, Dr. Donald Taylor, corporate president, and Mr. Thomas LoCasale, corporate vice-president and president of Aydin Telecom Division. Hakimoglu announced that he hopes to have good 4th quarter results in sales and earnings when the company releases its earnings next month. The company submitted approximately $800 million in proposals, during the last half of 1994. This is a record for the past several years. Several other significant proposals are also in the preparation state. Hakimoglu has described Aydin's growth strategy to continue bidding on large and small military and industrial programs as well as stress its telecommunications business, including Digital Wireless Telephony telephony without wires, usually employing electric waves of high frequency emitted from an oscillator or generator, as in wireless telegraphy. A telephone transmitter causes fluctuations in these waves, it being the fluctuations only which affect the receiver. See also: Wireless , Digital Telephony Digital telephony is a technology used in the provision of digital telephone services and systems. Since the 1960s it has almost entirely replaced the old telephone system that used analog telephony. for Video Cable Systems and Cell Extenders for Cellular Systems. In addition, under the leadership of Dr. Donald Taylor, new president of the company, Aydin will expand its current military system integration business and will leverage its engineering and software expertise in key technology areas to acquire SI contracts in the non-military and commercial/industrial marketplace. Thomas LoCasale, president of Aydin Telecom Division, has described in detail, the company's telecom business and present its business plans. Hakimoglu has reported that Aydin (West) will continue marketing and selling Microwave Radios, High Power Amplifiers Power amplifier The final stage in multistage amplifiers, such as audio amplifiers and radio transmitters, designed to deliver appreciable power to the load. and other Satellite Earth Station Equipment, Troposcatter Equipment, and Turnkey See turnkey system. Telecom Systems as a separate division in the telecommunications field. Aydin expects, as a result of the competition created by deregulation Deregulation The reduction or elimination of government power in a particular industry, usually enacted to create more competition within the industry. Notes: Traditional areas that have been deregulated are the telephone and airline industries. and telephone needs of developing countries in eastern Europe Eastern Europe The countries of eastern Europe, especially those that were allied with the USSR in the Warsaw Pact, which was established in 1955 and dissolved in 1991. , China, Russia, and other former communist countries, that there will be a large market in the telecom equipment business of the type Aydin Telecom and Aydinn (West) will sell in the USA and world-wide. Hakimoglu also stated that Dr. Donald Taylor will be able to provide invaluable strategic guidance to the company's plans to expand its Systems Integration contract base including and beyond the government military sector. Aydin designs, manufactures and installs wireless and various other telecommunications equipment and turnkey systems A complete system of hardware and software delivered to the customer ready-to-run. In other words, just "turn the key" and go.  A Turnkey Video System ; computer monitors and workstations; airborne and ground data acquistion equipment, and systems integration including radar simulation and air defense C3 systems. CONTACT: Aydin Corporation Cathy DeWolf, 215/657-7510 REPEATS: New York 212-575-8822 or 800-221-2462; Boston 617-330-5311 or 80 |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion